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$199,000
Property Description
Excellent 2 BR / 2 BA condo in La Terrasse, kept in pristine condition by its original owners since 2007. This 2nd-floor corner-style feel unit offers 940 SqFt of living space, in a private gated community with laundry inside unit, balcony, lots of storage spaces, walk in closet, high ceilings, updated kitchens and baths, corner unit with 1 assigned parking space. Situated in one of Miami's most exciting growing neighborhoods, you are just minutes away from the trendy Little River Warehouse District-a vibrant hotspot for foodies and creatives packed with new restaurants and design studios. Great opportunity for primary buyers or investors looking for rapid appreciation. No rental restrictions. Short term rentals allowed. Please see attached condo docs
Full Property Details
Full Property Details for 7516 NE 1st #203
General
- Price: $199,000
- Taxes: $272 (2015)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A12054756
- Updated: 9/5/2026
- Added to Site: 52 day(s) ago
Interior
- Interior Features: Tub Shower, Walk-In Closet(s)
- Appliances: Electric Range, Refrigerator, Washer
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Balcony, Fence
- Porch/Patio/Deck: Balcony, Open
Location
- Area: 2320
- County: Miami-Dade
- Subdivision: LA TERRASSE
Community
- Community Name: 2320
- Assoc. Fees Include: Common Areas, Insurance, Maintenance Grounds, Parking, Reserve Fund, Road Maintenance, Sewer, Trash
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Structural Information
- Construction: Block, Concrete
- Entry Floor Number: 2
- Square Feet: 940
- Living Area: 940 Sq. Ft.
- Year Built: 2007
- Property Condition: Resale
Lot Features
- Property View: Garden
Financial Considerations
- Tax Amount: $272
- Tax Year: 2015
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Real Estate Owned
- Legal Description: LE TERRACE CONDO UNIT 203 UNDIV 939.69/7792.16 INT IN COMMON ELEMENTS OFF REC 25647-3786
- Bank-owned: Yes
- Property ID: 01-31-12-111-0080
Listed by United Realty Group Inc and MMLS Assoc.-Inactive Member
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Schools
Schools serving 7516 NE 1st #203
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Jesse J. Mccrary, Jr. Elementary School 514 Northwest 77th Street, Miami, FL 33150 | PK-5 | 0.6 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7516 NE 1st #203
Date
Details
Price
Change
Source
7/16/2026
Listed
$199,000
47.41%
MLS
9/10/2008
Sold
$135,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7516 NE 1st #203
Year
Property Taxes
Change
Tax Assessment
Change
2025
$272
9%
$38,590
3%
2024
$250
6%
$37,503
3%
2023
$235
19%
$36,411
6%
2021
$198
-7%
$34,322
-3%
2022
$213
8%
$35,351
4%
2021
$198
14%
$33,849
2%
2019
$173
11%
$33,088
2%
2018
$156
8%
$32,472
2%
2017
$144
7%
$31,805
2%
2016
$134
2%
$31,151
1%
2015
$132
2%
$30,935
1%
2014
$129
—
$30,690
—
2013
$129
—
$30,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7516 NE 1st #203
7516 NE 1st #203, Miami, FL 33138 (MLS# A12054756) is a Condo property with 2 bedrooms and 2 full bathrooms. 7516 NE 1st #203 is currently listed for $199,000 and was received on July 16, 2026. Want to learn more about 7516 NE 1st #203? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.
